EMAlternatives opens in Shanghai

The emerging markets fund investment specialist has opened its first Asian office, headed by Judy Qing Ye, formerly a director of strategic investments at Hewlett-Packard in China.

Washington- and Heemstede-based EMAlternatives has established its presence in Asia-Pacific with a new office in Shanghai. The Shanghai office will increase the firm’s access to fund managers and will help it source a wider range of primary, secondary and direct investment opportunities in South Asia and Asia Pacific, it said.

The firm said that the opening of an Asian office is a natural step in its development considering the rapid growth in the number of managers in the region and the interest expressed by its clients.

Judy Qing Ye will head the Shanghai office.

Ye joins EMAlternatives from the computer services group at Hewlett-Packard in China, where she was the director of strategic investments. While there, she developed and carried out Hewlett-Packard’s investment plans. Prior to her role as director of strategic investments, she was an investment manager in the corporate development section of the computing services group at the same company in Palo Alto.

Ye brings investment experience, “a deep understanding of the Asian markets, in particular of the PRC, and an extensive network with the local GP community”, said Ernest Lambers, managing partner and chief investment officer at the firm.

EMAlternatives was founded in March 2007 by Ernest Lambers, Nicholas Morriss, John Stephens and Christopher Wright. The group specialises in building customised investment portfolios for large institutional investors that want exposure to private equity opportunities outside of North America and Europe.

The California Public Employees' Retirement System became the first investor in EMAlternatives with a $100 million commitment in July 2007.